22926 Red River Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by RE/MAX Grand | $265,000 | |
| Listed by RE/MAX Grand | |||
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WOW...this is what you've been waiting for! It will be love at first sight from the moment you lay eyes on this stunning single-story home...and the more you see, the more you'll love it! From the beautifully landscaped yard with full coverage sprinkler system to the hike and bike trail system right outside your back gate, along with the fact you have no back neighbors, you'll be sold...and that's before you even go inside! Once inside, you'll be taken with the updated double-paned windows, the family room with cathedral ceiling and gas log fireplace, and the spacious master suite. The spectacular kitchen will call to you with white quartz countertops and marble backsplash, gleaming stainless appliances (including 6-burner gas stove and double ovens!), custom paint, and glass-front cabinet doors! You will gain peace of mind from the security system and recently replaced roof and a/c unit, and benefit from the fantastic Katy schools. Make your appointment before its too late!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017